greek debt concern - be cautious this week., page-11

  1. 49,273 Posts.
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    There will be positives for the greeks.
    They can revive the Drachma

    Their currency will be cheap, thus imports will be dear but exports (if they have many) will be competitive.

    They only people who will suffer will be anyone that they owe money to.

    And their own people will suffer a drop in living standards whether they like it or not.

    Lots of cheap tourism opportunities coming up soon I reckon, might be time to take that cruise to the Greek Isles in about 12 months.

    Accomodation and meals will be cheap vs the AUD.
 
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